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The Green, Otterton, Budleigh Salterton

South West

£475,000
Listed on 01/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1892 sqft

Description

This historic Grade II Listed thatched cottage presents an excellent opportunity for those seeking to add their own touch in the charming village of Otterton. With four bedrooms, this property combines traditional features with modern comforts and boasts a spacious garden ideal for outdoor activities. It includes a private driveway with ample parking and a detached garage. Nestled in East Devon's scenic landscape, Otterton is a quaint village that offers essential amenities such as a primary school, community shop, and local pub, along with close proximity to the renowned Jurassic coast. The cottage itself features a large rear garden that enjoys generous sunlight, creating potential for landscaping enhancements or creating additional outdoor living spaces. Inside, the layout comprises a sizeable sitting room and a bright conservatory, perfect for family gatherings. There’s also a separate dining area and kitchen equipped with essential appliances, though some modernization could significantly enhance comfort and efficiency. The upper floor hosts four well-sized bedrooms including one designed as a study, ideal for remote work or study space. This property provides electric heating and partial double glazing, while recent work has been completed on the thatched roof ensuring its longevity. Its no onward chain status facilitates an easier transition for buyers interested in investing in a home with both character and potential for value appreciation through renovation.

Investment Analysis

(EX9 area)

Below Market Value

This property is priced -35.4% below area average per sq ft

-35.4%
Potential saving
This Property
£251/sq ft
Area Average
£389/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£809,171
10% above area average per sq ft
Potential ROI
+51.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (EX9)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -4.6%
5 year growth: 23.3%
Investment Disclaimer: Analysis based on EX9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Green, Otterton, Budleigh Salterton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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